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Central State Bank has been family owned and controlled since the Haesemeyer family purchased the bank in 1936.
A holding company (S.C. Financial Corp.) was formed in 1979 for estate planning purposes. Common Equity was transferred to the owner’s children, Craig Haesemeyer and Susan Jorgensen.
Craig Haesemeyer bought his sister’s share of ownership in November 1994. He has been active as Chairman/CEO since November 1994, and a board member since 1976.
The bank installed outside, experienced Board of Directors in 1994. There are a total of five members, including the bank President.
In March of 2004, Brian Disney joined the bank as Vice President of Operations. He is a graduate of the University of Northern Iowa and brings 20 years of banking experience to CSB. Brian was promoted to President in September, 2007.
Joining Central State Bank in April of 2006 is Vice President and Senior Lender Chris Brinkmeyer. Chris has over 19 years of experience with Commercial and Ag Credits. He is a graduate of Iowa State University and served as a lender in Grundy, Marshall, and Boone counties.
Added in September 2004 to Central State Bank was Cindy Schelling. She is the Assistant Vice President of the Loan department. Cindy has 13 years of banking experience and is a local native. As well as being an area banker, Cindy has also worked for the Principal Financial Group for seven years.
Shannon Eldridge joined Central State Bank in September, 2007, as an Ag and Commercial Loan Officer. Previous to that time, Shannon was working part – time at the bank as a Loan Analyst. Shannon comes from a farming background, graduated from Iowa State University with a degree in Ag Business and prior to having a family, worked for 4 years as an Ag and Commercial Loan Officer at other banks. Shannon and her husband are currently engaged in farming.
Along with S.C. Financial, Craig Haesemeyer also owns a private investment-banking firm, Transcontinental Capital Partners (TCP), headquartered in the San Francisco area. Craig is in the Midwest/Iowa at least one week every month, more often as business opportunities and client relationships dictate.
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